PLS chart, page-19740

It called a "Descending Channel Pattern" above and using the upper channel line as trend-line to indicate it as a downtrend. Has yet to break through to turn into a complete reversal. It current staged to go either direction given the opening this morning


The price just completed a head and shoulder pattern on the daily to further emphasis that it could go either way as well but still has strong negative surrounding the companies share price. New lower lows and new lower highers every week since late August, Touching the 20 SMA nd rejection each time, 20% short interest and of course decline in spot prices.

Each head to shoulder was 3% swing each side which is profitable net wise for shorters and can see why citi group went aggressive in loaning.

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Now please explain to me your treasure and why what is the correct trendline and how it has crossed. I explained my trash and you tell me yours.